Europe

Crypto / Digital Assets

ECB Urged to Improve Design Features of Digital Euro

By Mark Johnston | 20/04/2023

A new study evaluates the ECB’s progress on the digital euro and suggests ways to enhance its attractiveness and functionality.

Crypto / Digital Assets

BIS, BOE Unveil Findings from Payments Synchronisation Project

By Manesh Samtani | 19/04/2023

Project Meridian demonstrated the ability to synchronise property ownership transfer with payment settlement using central bank money.

Securities / Derivatives

Two More Chinese Firms List GDRs in Switzerland

By Editors | 19/04/2023

The listings come despite last month’s reports that Chinese regulators had stopped accepting applications from mainland firms seeking to issue GDRs in Switzerland.

AML / KYC

UK Watchdog Faces Surge in AML Whistleblower Reports

By Mark Johnston | 18/04/2023

The UK FCA has received 141 reports from insiders who raised concerns about their firms’ AML controls in the past six years.

Fintech / Regtech

UK Regulators Announce Next Steps for Open Banking Regime

By Mark Johnston | 18/04/2023

A new body will be created to boost the uptake of open banking in the UK and extend its benefits to other sectors of the economy.

Crypto / Digital Assets

UK Regulator to Impose Limits on Stablecoin Payments

By Mark Johnston | 18/04/2023

The BOE and the FCA will propose new rules by year-end to ensure stablecoins are redeemable in fiat money and do not threaten financial stability.

Market Infrastructure

BOE, CFTC Strengthen Supervisory Cooperation on CCPs

By Editors | 18/04/2023

The Bank of England will rely on the CFTC for supervision and oversight of US-based CCPs offering clearing services in the UK.

Big Picture

AFME, FESE Call for Action on EU Consolidated Tape

By Editors | 17/04/2023

Ahead of EU trilogues on the MiFIR Review, AFME is highlighting the important role of systematic internalisers and FESE is calling for a PFOF ban.

Enforcement

US and Allies to Cooperate to Displace Russia from Nuclear Energy Market

By Editors | 17/04/2023

The US, UK, Canada, Japan and France will leverage their resources and capabilities to undermine Russia’s grip on supply chains.